annekoonsrealestate.comannekoonsrealestate.com/wp-content/uploads/2016/04/... · Additional Observations 48: Including distressed sales, the U.S. has experienced 48 consecutive months

U.S. Home Price Insights ReportFEATURING CORELOGIC HPI™

Through February 2016 with Forecasts From March 2016

Additional Observations

► 48: Including distressed sales, the U.S. has experienced 48 consecutive months of year-over-year increases; however, the national increase is no longer posting double-digits.

► −6.5%: Including distressed sales, national single-family home prices remain 6.5% below peak values recorded in April 2006.

► May 2017: Including distressed sales, national single-family home prices are forecasted to reach a new peak level in May 2017.

2

CoreLogic HPI National Overview

► With the February release, the CoreLogic HPI posted a gain of

1.1 percent for the national single family combined tier, including

distressed sales, over the prior month.

► CoreLogic HPI also recorded a year-over-year gain of 6.8 percent

nationally for the single family combined tier, including distressed sales.

► Per the CoreLogic HPI Forecasts™, national home prices for single-

family homes, including distressed sales, are forecasted to rise by

0.6 percent in March 2016.

► Year-over-year, national home prices for single-family homes,

including distressed sales, are forecasted to rise by 5.2 percent by

February 2017.

1.1% 6.8%Month-over-Month Percent Change

Year-over-Year Percent Change

Home prices, including distressed sales,

rose by 1.1 percent since last month.

Excluding distressed sales, prices rose by

1.3 percent.


rose by 6.8 percent from February 2015

to February 2016. Excluding distressed

sales, prices rose by 6.6 percent.

0.6% 5.2%Forecasted Month-over-Month Percent Change

Forecasted Year-over-Year Percent Change

Next month’s home prices, including

distressed sales, are expected to rise by

0.6 percent over this month. Excluding

distressed sales, the forecasted month-

over-month house price gain for next

month is expected to rise by 0.6 percent.


are projected to rise by 5.2 percent

from February 2016 to February 2017.

Excluding distressed sales, prices are

expected to rise by 5.0 percent.

Source: CoreLogicNational CoreLogic HPI Single Family Combined Tier, data through February 2016.National CoreLogic HPI Forecast Single Family Combined Tier, starting in March 2016.

CoreLogic HPI

CoreLogic HPI Forecast

CoreLogic Case-Shiller Index

Case-Shiller Home Price Index Forecast

© 2016 CoreLogic — Proprietary and confidential. This material may not be reproduced in any form without express written permission. FEBRUARY 2016 3

CoreLogic HPI and CoreLogic Case-Shiller Indexes National Trends

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

01/20

00

08/2

000

03/

2001

10/2

001

05/

2002

12/2

002

07/

2003

02/

2004

09/2

004

04/2

005

11/2

005

06/2

006

01/20

07

08/2

007

03/

2008

10/2

008

05/

2009

12/2

009

07/

2010

02/

2011

09/2

011

04/2

012

11/2

012

06/2

013

01/20

1408/2

014

03/

2015

10/2

015

05/

2016

12/2

016

3.47h x 5.9 wUse this one as base to show month/year; add data here, add new monthsfeb

Yea

r-o

ver-

Yea

r P

erce

nt C

hang

e

Sources: CoreLogic, Moody’s Analytics National CoreLogic HPI Single Family Combined Tier, data through February 2016 National CoreLogic HPI Forecast Single Family Combined Tier, starting in March 2016 National CoreLogic Case-Shiller Index (not seasonally adjusted), data through January 2016 National Case-Shiller Home Price Index Forecasts (not seasonally adjusted), starting in February 2016

The graph above shows a comparison of the national year-over-year percent change for the

CoreLogic HPI and CoreLogic Case-Shiller Index from 2000 to present month with forecasts one

year into the future. We note that both the CoreLogic HPI Single Family Combined tier and the

CoreLogic Case-Shiller Index are posting positive, but moderating year-over-year percent changes,

and forecasting gains for the next year.

Fixed-rate mortgage rates dropped more than one-quarter of a percentage point in the first three months of 2016, and job creation averaged 209,000 over the same period. These economic forces will sustain home purchases during the spring and support the 5.2 percent home price appreciation CoreLogic has projected for the next year.

Dr. Frank Nothaft, chief economist for CoreLogic

8.6

% 9.3

% 10.2

%

10.5

%

12.4

%

NV OR FL CO WA

8.4

%

8.5%

9.7

%

9.7

%

11.9

%

FL NV OR CO WA-2

9.3

%

-25.

4%

-25.

1%

-23.

9%

-22.

4%

NV FL RI AZ MD

HPI state highlights feb 2016

Excluding distressed

sales, five states

registering largest year-

over-year home price

appreciation in January

Five states remaining

furthest from peak

values in January

Including distressed

sales, five states

registering largest year-

over-year home price

appreciation in January

Eight states and the District of Columbia have reached new highs this month: Colorado, Hawaii, Nebraska, New York, Oregon, Tennessee, Texas and Washington.

Zero states showed negative home price appreciation.

8

0

4

CoreLogic HPI State Highlights

Source: CoreLogic CoreLogic HPI Single Family Combined Tier, data through February 2016. CoreLogic HPI Single Family Combined Excluding Distressed Tier, data through February 2016.

Sparkline Legend January 2000 Current Five Year Forecast


METROPOLITAN AREA HPI SPARKLINES

MONTH-OVER-MONTH PERCENT

CHANGE

YEAR-OVER-YEAR PERCENT

CHANGE

MARKET CONDITION INDICATORS

FORECASTED MONTH-OVER-

MONTH PERCENT CHANGE

FORECASTED YEAR-OVER-

YEAR PERCENT CHANGE

Boston MA Metropolitan Division

CBSA


Chicago-Naperville-Arlington Heights IL Metropolitan Division

Denver-Aurora-Lakewood CO Metropolitan Statistical Area

Houston-The Woodlands-Sugar Land TX Metropolitan Statistical Area

Las Vegas-Henderson-Paradise NV Metropolitan Statistical Area

Los Angeles-Long Beach-Glendale CA Metropolitan Division

Miami-Miami Beach-Kendall FL Metropolitan Division

San Diego-Carlsbad CA Metropolitan Statistical Area

San Francisco-Redwood City-South San Francisco CA Metropolitan Division

Washington-Arlington-Alexandria DC-VA-MD-WV Metropolitan Division

Source: CoreLogicCoreLogic HPI Single Family Combined Tier, data through February 2016CoreLogic HPI Forecasts for Single Family Combined Tier, starting in March 2016

−0.8% 3.6% Undervalued 0.3% 4.0%

Chicago-Naperville-Arlington Heights IL

Metropolitan Division

CBSA












0.4% 3.1% Normal 0.7% 5.1%

Denver-Aurora-Lakewood CO

Metropolitan Statistical Area

CBSA












1.7% 11.4% Overvalued 0.8% 6.0%

Houston-The Woodlands-Sugar Land TX


CBSA












1.3% 5.3% Overvalued 0.3% 0.1%

Las Vegas-Henderson-Paradise NV


CBSA












0.6% 6.1% Normal 0.3% 5.5%

Los Angeles-Long Beach-Glendale CA


CBSA












0.9% 7.6% Normal 0.8% 9.3%

Miami-Miami Beach-Kendall FL


CBSA












2.1% 8.7% Overvalued 1.5% 9.4%

San Diego-Carlsbad CA Metropolitan

Statistical Area

CBSA












0.2% 7.6% Undervalued 0.5% 8.2%

San Francisco-Redwood City-South San

Francisco CA Metropolitan Division

CBSA












0.7% 8.3% Undervalued 1.1% 13.2%

Washington-Arlington-Alexandria DC-VA-

MD-WV Metropolitan Division

CBSA












1.1% 3.0% Overvalued 0.6% 4.8%

Source: CoreLogic CoreLogic HPI Single Family Combined Tier, data through February 2016. CoreLogic HPI Forecasts Single Family Combined Tier, starting in March 2016.

Month-over-Month represents the change in home prices from January 2016 to February 2016Year-over-Year represents the change in home prices from February 2015 to February 2016Forecasted Month-over-Month represents the forecasted change in home prices from February 2016 to March 2016Forecasted Year-over-Year represents forecasted change in home prices from February 2016 to February 2017

CoreLogic HPI Metropolitan Area Highlights

CoreLogic HPI Market Condition Overview

January 2000

January 2006

25%

Legend

Normal

Overvalued

Undervalued

By 2006, home prices for the weighted average of the top 100 markets were more than twenty-five percent above the long-run sustainable levels.

6

February 2016

February 2021 Forecast

Source: CoreLogic CoreLogic HPI Single Family Combined Tier, data through February 2016.. CoreLogic HPI Forecasts Single Family Combined Tier, starting in March 2016.

Market Condition Indicators compare the distance between a market’s

long-term fundamental value and HPI. An overvalued or undervalued

market is defined as having a current Home Price Index of 10 percent

above or below the long-term fundamental value for that market.

Market Condition Indicators are available for all Metropolitan areas.

46

Legend

Normal

Overvalued

Undervalued

In February 2016, forty-six markets are overvalued, fifteen of them in Texas.


National HPI

MoM change: 1.1%

YoY change: 6.8%

Forecasted MoM change: 0.6%

Forecasted YoY Change: 5.2%

CoreLogic HPI State-Level DetailCombined Single Family Including Distressed

STATE HPI SPARKLINES

MONTH−OVER−MONTH

PERCENT CHANGE

YEAR−OVER−YEAR PERCENT

CHANGE

FORECASTED MONTH−

OVER−MONTH PERCENT CHANGE

FORECASTED YEAR−OVER−

YEAR PERCENT CHANGE

Alabama

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY

Alaska 1.2% 3.2% 0.5% 6.4% Projected

Arizona 0.8% 6.6% 0.9% 7.2% Projected

Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:

Connecticut -0.2% 2.9% 0.6% 5.6% CoreLogic

Delaware 1.4% 4.1% 0.5% 4.0% CoreLogic

District of Columbia 1.1% 4.4% 0.6% 5.6%

Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year

Hawaii 0.4% 7.8% 1.1% 7.0% Forecasted

Idaho 0.8% 8.4% 0.0% 3.0% Forecasted

Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.2% 3.0% 0.3% 5.8%

Alaska

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.6% 2.0% 0.3% 6.1%

Arizona

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.3% 6.6% 0.9% 7.7%

Arkansas

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.2% 2.9% 0.3% 4.4%

California

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.9% 8.1% 1.0% 11.6%

Colorado

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.4% 10.9% 0.5% 5.8%

Connecticut

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.9% 2.9% 0.6% 6.1%

Delaware

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-0.4% 0.7% 0.1% 3.8%

District of

Columbia

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-1.2% 3.5% 0.4% 5.4%

Florida

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

2.0% 9.1% 1.0% 9.0%

Georgia

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.5% 5.8% 0.3% 3.4%

Hawaii

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

3.5% 7.5% 1.2% 6.8%

Idaho

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.8% 8.4% 0.2% 3.7%

continued on page 9

Sparkline Legend

January 2000

Current

Five Year Forecast

8

National HPI

MoM change: 1.1%

YoY change: 6.8%



CoreLogic HPI State-Level DetailCombined Single Family Including Distressed (continued)



PERCENT CHANGE


CHANGE

FORECASTED MONTH−



YEAR PERCENT CHANGE

Illinois

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-0.1% 2.2% 0.4% 5.2%

Indiana

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.5% 4.0% 0.2% 4.4%

Iowa

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-0.3% 4.4% 0.2% 4.6%

Kansas

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.1% 3.3% 0.2% 4.8%

Kentucky

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.2% 2.3% 0.2% 4.5%

Louisiana

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-0.2% -1.1% -0.1% 2.0%

Maine

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-2.5% 0.1% -0.9% 2.5%

Maryland

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.2% 0.4% 0.3% 4.2%

Massachusetts

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.5% 4.4% 0.5% 5.8%

Michigan

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.9% 5.6% 0.4% 4.3%

Minnesota

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.1% 4.7% 0.4% 4.0%

Mississippi

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.7% -1.3% 0.3% 5.3%

Missouri

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-0.2% 4.5% 0.1% 4.1%

continued on page 10

Sparkline Legend

January 2000

Current

Five Year Forecast


continued on page 11




PERCENT CHANGE


CHANGE

FORECASTED MONTH−



YEAR PERCENT CHANGE

Montana

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-0.2% 5.0% 0.0% 3.4%

Nebraska

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.7% 5.9% 0.2% 3.9%

Nevada

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.2% 8.0% 0.3% 5.9%

New

Hampshire

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.4% 4.1% 0.3% 6.3%

New Jersey

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.6% 1.8% 0.5% 5.2%

New Mexico

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.4% 3.8% 0.8% 5.6%

New York

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

3.4% 6.3% 0.6% 4.8%

North Carolina

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.0% 5.6% 0.4% 3.9%

North Dakota

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.4% 7.3% 0.5% 2.4%

Ohio

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.4% 3.1% 0.3% 5.3%

Oklahoma

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.7% 2.7% 0.3% 4.7%

Oregon

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.9% 10.0% 0.6% 6.0%

Pennsylvania

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.3% 2.2% 0.6% 5.4%

Sparkline Legend

January 2000

Current

Five Year Forecast

National HPI

MoM change: 1.1%

YoY change: 6.8%



10




PERCENT CHANGE


CHANGE

FORECASTED MONTH−



YEAR PERCENT CHANGE

Rhode Island

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.3% 5.6% 0.3% 4.5%

South Carolina

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.5% 8.1% 0.4% 3.0%

South Dakota

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.1% 6.3% 0.2% 4.9%

Tennessee

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.0% 6.3% 0.2% 2.4%

Texas

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.0% 7.2% 0.2% 1.6%

Utah

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.7% 7.0% 0.4% 5.4%

Vermont

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-0.3% 2.5% 0.4% 3.0%

Virginia

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

0.6% 2.3% 0.4% 4.9%

Washington

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.4% 11.6% 0.6% 7.0%

West Virginia

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

1.4% 5.8% 0.0% 1.2%

Wisconsin

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%

-0.1% 5.6% 0.2% 4.4%

Wyoming

State

Alabama -0.9% 2.9% 0.4% 5.2% YoY



Arkansas 0.2% 3.0% 0.5% 4.4%

California 0.2% 7.5% 0.9% 10.6%

Colorado 1.3% 10.5% 0.7% 5.7% Source:




Florida 1.8% 10.2% 1.2% 8.4% Month

Georgia -0.1% 6.0% 0.3% 3.3% Year



Illinois 0.2% 2.5% 0.6% 4.8%

Indiana 0.2% 4.7% 0.4% 4.3%

Iowa -0.6% 4.3% 0.2% 4.0%

Kansas -0.1% 2.9% 0.5% 4.6%

Kentucky 0.1% 3.3% 0.5% 4.4%

Louisiana 0.5% 0.5% 0.3% 2.7%

Maine -0.8% 2.8% 0.6% 3.9%

Maryland 0.7% 2.2% 0.5% 4.6%

Massachusetts -0.8% 3.3% 0.3% 5.0%

Michigan 0.2% 5.7% 0.3% 3.8%

Minnesota -0.2% 4.5% 0.4% 4.0%

Mississippi 2.6% 2.6% 0.5% 5.0%

Missouri 0.5% 5.7% 0.5% 4.4%

Montana 1.2% 6.3% 0.6% 3.9%

Nebraska 0.9% 4.7% 0.5% 3.8%

Nevada 1.0% 8.6% 0.3% 5.2%

New Hampshire -0.8% 4.9% 0.5% 6.0%

New Jersey -0.1% 1.6% 0.5% 4.8%

New Mexico 0.3% 5.3% 0.5% 5.4%

New York 1.9% 4.0% 0.7% 4.7%

North Carolina 0.0% 4.6% 0.4% 3.4%

North Dakota 0.2% 6.2% 0.4% 2.6%

Ohio 0.3% 4.1% 0.5% 5.2%

Oklahoma 0.1% 3.0% 0.4% 4.6%

Oregon 0.5% 9.3% 0.7% 6.1%

Pennsylvania -0.2% 3.7% 0.4% 4.8%

Rhode Island 0.2% 6.9% 0.4% 3.9%

South Carolina 0.8% 8.2% 0.4% 2.8%

South Dakota 0.0% 7.0% 0.3% 4.7%

Tennessee 1.1% 7.5% 0.4% 2.3%

Texas 1.1% 6.9% 0.3% 1.4%

Utah 1.4% 7.8% 0.7% 5.3%

Vermont 0.7% 3.8% 0.6% 2.5%

Virginia 0.7% 2.2% 0.5% 4.8%

Washington 2.1% 12.4% 1.0% 7.0%

West Virginia -3.7% 0.5% 0.0% 1.2%

Wisconsin 0.0% 5.0% 0.4% 4.2%

Wyoming -1.3% 0.4%0.0% 2.5% -0.3% 2.0%

Source: CoreLogic CoreLogic HPI Single Family Combined Tier, data through February 2016. CoreLogic HPI Forecasts Single Family Combined Tier, starting in March 2016.

Month−over−Month represents the change in home prices from January 2016 to February 2016Year−over−Year represents the change in home prices from February 2015 to February 2016Forecasted Month−over−Month represents the forecasted change in home prices from February 2016 to March 2016Forecasted Year−over−Year represents forecasted change in home prices from February 2016 to February 2017

Sparkline Legend

January 2000

Current

Five Year Forecast

National HPI

MoM change: 1.1%

YoY change: 6.8%




12

MORE INSIGHTSFor additional perspectives on house price indices, forecasts, and market trends, visit the blog post and other featured insights publications located on the corelogic.com website.

MethodologyCoreLogic HPI and CoreLogic Case-Shiller Indexes both utilize the repeat-sale method to track increases and decreases in sales prices for the same home over time. By analyzing data on homes with two or more recorded sales transactions, these indexes provide accurate ‘constant-quality’ views of pricing trends.

The CoreLogic HPI™ is built on industry-leading public record, servicing and securities real-estate databases and incorporates more than 30 years of repeat-sales transactions for analyzing home price trends. Generally released on the first Tuesday of each month with a five-week lag, the CoreLogic HPI is designed to provide an early indication of home price trends among that include the Single-Family Combined tier representing the most comprehensive set of properties (including all sales for Single-Family Attached and Single-Family Detached properties). The indexes are fully revised with each release and employ techniques to signal turning points sooner. The CoreLogic HPI provides measures for multiple market segments, referred to as tiers, based on property type, price, time between sales, loan type (conforming vs. non-conforming) and distressed sales. Broad national coverage is available from the national level down to ZIP Code, including non-disclosure states.

CoreLogic HPI Forecasts™ are based on a two-stage, error-correction structural model that combines the equilibrium home price—as a function of real disposable income per capita—with short-run fluctuations caused by market momentum, mean-reversion, and exogenous economic shocks like changes in the unemployment rate. With a five-year forecast horizon, CoreLogic HPI Forecasts project CoreLogic HPI levels for two tiers—Single-Family Combined (both Attached and Detached) and Single-Family Combined excluding distressed sales. As a companion to the CoreLogic HPI Forecasts, Stress-Testing Scenarios align with Comprehensive Capital Analysis and Review (CCAR) national scenarios to project home prices under baseline, adverse and severely adverse scenarios at state, CBSA and ZIP Code-levels.

As part of the CoreLogic HPI and HPI Forecasts offerings, Market Condition Indicators are available for all metropolitan areas and identify individual markets as “overvalued”, “at value”, or “undervalued.” These indicators are derived from the long-term fundamental values, which are a function of real disposable income per capita. Markets are labeled as overvalued if the current home price indexes exceed their long-term values by greater than 10%, and undervalued where the long-term values exceed the index levels by greater than 10%.

CoreLogic Case-Shiller Indexes, the longest-standing, most highly recognized brand of home price indexes, were originally designed to serve as the basis for the settlement of financial instruments. As such, the estimation techniques employed limit volatility as well as revisions, which is typically limited to 24 months. Released monthly, the CoreLogic Case-Shiller Indexes leverage CoreLogic public record data and are supplemented by FHFA indexes to extend coverage into regions where sufficient public record data is not available. Where sufficient quality and quantity of sale pair data exist, CoreLogic Case-Shiller Indexes are segmented into tiers based on price and property type. Available both as seasonally adjusted and not seasonally adjusted, the full set of CoreLogic Case-Shiller Indexes includes thousands of series at the Census Division, State, CBSA, County and ZIP-code levels in addition to the national index. A custom set of indexes, known as the S&P/Case-Shiller Indices, are produced by CoreLogic and published by S&P Dow Jones Indices.

CoreLogic, together with Moody’s Analytics, offers the Case-Shiller Home Price Index Forecasts to provide clients with enhanced home-price forecasting capabilities. With a 30-year forecast horizon, Case-Shiller Home Price Index Forecasts are updated monthly and are available under standard alternative scenarios, regulatory scenarios and a constant severity scenario independent of current business cycle conditions.

CoreLogic Case-Shiller Indexes and CoreLogic HPI provide the foundation to the Real Estate Analytics Suite of products which also include market-level data and analytics that provide complementary insights to the indexes and forecasts. These products include MarketTrends, Cash Investor Trends, ListingTrends, RentalTrends, and CommercialTrends.

CORELOGIC, the CoreLogic logo, CORELOGIC HPI, CORELOGIC HPI FORECASTS and CORELOGIC CASE-SHILLER INDEXES are trademarks of CoreLogic, Inc. and/or its subsidiaries.

CONTACT

For more information, please email [email protected].


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CORELOGIC, the CoreLogic logo, CORELOGIC HPI, CORELOGIC HPI FORECASTS and CORELOGIC CASE-SHILLER INDEXES are trademarks of CoreLogic, Inc. and/or its subsidiaries.

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annekoonsrealestate.comannekoonsrealestate.com/wp-content/uploads/2016/04/... · Additional Observations 48: Including distressed sales, the U.S. has experienced 48 consecutive months